Small Business Tips

Managing change has become the norm for small business owners in today’s business environment. Most businesses will go through significant change during their business life-span. As a small business owner or manager, how you respond or handle change can be the difference between success and failure. When faced with change, you need to effectively manage [...]

Lean enterprise and business process improvement, business optimization, cost cutting TQM, quality, Six Sigma, business reengineering and other such-like initiatives, falls within the cadre of business process management.It forms the cradle, feeding ground and impetus for making sense of, improving and capitalizing on the intricacies, dynamic elements and events that occur in our planning, conducting, [...]

Top level commitment means both the moral commitment of top level executives, and the organizational commitment of top level talent. Six Sigma demands resources, both human and monetary. Senior executives must allocate appropriate materials, funding and personnel. They must also demand results and make it clear that they will change existing rules and policies if [...]

Trend watching in business has come a long way from being a trend in itself to being a full time profession. Trend watching helps companies by preparing them to adopt new trends in their field of business. Trends change quickly without limitations, but the lack of knowledge and timing about changing trends can result in [...]

There are eight components of Enterprise Risk Management (ERM) that can all be supported by the methods and tools of Six Sigma Training. This article will cover the first few elements, and the rest of the elements will be discussed in three more parts. ERM is the basis used to manage risk throughout an organization, [...]